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    2020 W 3Rd St Little Rock, AR 72205

    For Sale
    $2,700,000

    Apartments, Contemporary - Little Rock, AR

    Property size:
    31,800 SF
    Lot size:
    0.89 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 2020 W 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    C3
    Parking
    4
    Interior features
    Hot Water Heater-electric, Security System, Elevator, Video Surveillance
    Accessibility
    Accessible Elevator Installed
    Size
    31,800 SF
    Lot size
    0.89 Acres

    Utilities

    Utilities
    Electricity Available, Water Available
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1971
    Number of units
    28
    Flooring type
    Concrete, Laminate, Tile, Vinyl
    Building materials
    Block
    Roof type
    Flat
    Architectural style
    Contemporary

    Capital Real Estate Advisors (501) 420-4097

    Listing agent Sergio Convers (501) 420-4097

    Listing date Sep 5, 2025

    MLS# 24040477 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redevelopment Opportunity in Little Rock

    Located in Little Rock, Arkansas, this property presents a redevelopment opportunity. Formerly a six-story building with office and retail spaces, the property is being reimagined to meet the demand for multifamily housing. The planned transformation will convert the existing commercial layout into 28 residential units. This value-add project includes 28 units positioned for renovations, and 63 self-storage units. The property has a lot size of 0.89 acres and a property size of 31,800 square feet. The zoning is C3.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brittani Psyd Gracey Psychologist Arkansas State Conference ... Non-Profit Organization SSophisticated Events And Design ... Event Planner Communications Workers-America Labor Union Pure Skin Aesthetics Day Spa

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Rock
    County
    Pulaski
    State
    Arkansas
    Longitude
    -92.29502
    Latitude
    34.749518

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    FAQs

    What type of property is this?
    Apartment building - Multifamily redevelopment opportunity with 28 residential units and storage.
    Where is this apartment building located?
    The property is located at 2020 W 3Rd St Little Rock, AR.
    What is the asking price?
    The asking price for this property is $2,700,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity: Convert a 6-story commercial building into 28 residential units.; - Prime location in the heart of Little Rock, Arkansas.; - Value-add project with potential for tasteful renovations to attract renters.
    (501) 420-4097
    Request Owner's contact information
    2020 W 3Rd St Little Rock, AR 72205
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    Little Rock, AR 72205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2020 W 3Rd St Little Rock, AR 72205
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